One Catastrophe Won’t Scare Away Alternative Capital: S&P Panelists June 9, 2014 Catastrophe bond and insurance-linked securities (ILS) issuance have surged to record levels this year thanks to the continuing influx of...
Cyber Theft, Already a $445 Billion Business, to Grow Bigger June 9, 2014 By Chris Strohm Cybercrime remains a growth industry. That’s the main message from former U.S. intelligence officials, who in a report today outlined...
Ratings Recap: AXA U.S. Subs, Southern Farm, Iron Horse June 9, 2014 A.M. Best has revised the issuer credit ratings (ICR) outlook to stable from negative and affirmed the financial strength rating...
Travelers CEO: Will Insurers Outperform More Regulated Banks? June 9, 2014 By Noah Buhayar Travelers Cos. Chief Executive Officer Jay Fishman highlighted the insurer’s history of posting better returns than banks and other large...
GM Report Helps Plaintiffs’ Lawyers Build Negligence Case June 9, 2014 By Jessica Dye Plaintiffs’ lawyers scouring General Motors Co.’s report on its handling of faulty ignition switches that have been tied to 13...
250 More Former Players Join Drug Abuse Lawsuit Against NFL June 6, 2014 By Jim Litke Former NFL star Marcellus Wiley added his name to a lawsuit accusing America’s most popular pro sports league of illegally...
Safety National Introduces Safety First Grant Program June 6, 2014 Safety National Casualty Corp., a provider of excess workers’ compensation and large casualty offerings, has introduced the Safety First Grant...
GM Report Uncovers 11 Years of Mishandling Ignition Switch June 5, 2014 By Marilyn W. Thompson A 325-page report on General Motors Co.’s mishandling of a deadly ignition switch details missteps by employees and officials over...
Exemptions Reduce Estimate of Americans Paying Obamacare Penalties June 5, 2014 By Alex Wayne Four million people are projected to pay the U.S. penalty for not carrying health insurance next year, about one-third less...
Court Ruling on Well Co-Ownership Could Cost BP, Anadarko Billions in Fines June 5, 2014 By Margaret Cronin Fisk BP Plc and Anadarko Petroleum Corp. could face billions of dollars in fines after an appeals court ruled they were...